Trade Metals

Gold

Gold is primarily seen as a hedge against inflation or poor stock market performance. The highly sought after precious metal which, forms the basis for a monetary standard used by the International Monetary Fund (IMF) and its currency code is XAU.

Silver

Silver played a significant role in affecting currencies and has consistently moved in tandem with gold prices. Silver is known as a precious metal that is considered as an important investment metal with a currency code of XAG.

Copper

The New York Mercantile Exchange (NYMEX), where copper contracts are traded, states that copper is the third most widely used metal in the world. copper commodity price is so closely tied to the state of the economy, global economic recovery can be a clear signal that demand for copper is due to increase.

Resources

Risk Warning: The information contained in INGOT Brokers website is of a general nature only, and does not take into account your personal circumstances, financial situation or needs. Before deciding to trade, please ensure you understand the risks involved and take into account your level of experience. CFDs, which are leveraged products, incur a high level of risk and can result in the loss of all/more than your invested capital. Therefore, CFDs may not be suitable for all investors. You should not risk more than you are prepared to lose.